The “new normal” is focus of IP Business Congress in Barcelona

With traditional patent strategies under pressure to show that they are still relevant, business as usual in the IP space is no longer the same. Patent-adverse laws and more circumspect courts have forced owners worldwide to rethink how best to obtain, evaluate and utilize patents. The added scrutiny also has encouraged new, more collaborative IP […]

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LES members have until Monday to vote on business plan competition

FThe LES Foundation International Business Plan Competition Members’ Choice award will conclude on Monday, April 25. LES members who have not voted still can. Competitor videos can be viewed and rated here by using the star system (5 stars being best). Votes are logged as soon as you click on the stars – five stars being the […]

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Automobile industry convergence is the focus of Detroit IP conference

Over the past ten years or so the motor car of the 20th century has been transformed from a mechanical conveyance to a high-speed information technology platform. Cars today draw upon networks of complex inventions and intellectual property rights that are destined for licensing and disputes.   IP in the Auto Industry: Challenges and Opportunities […]

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Patent licensing index significantly outperformed the S&P 500 in Q1

The eagerly sought bottom for publicly traded patent licensing companies may have been reached according to the data provided by an intellectual property index that tracks stock performance. The PIPX public IP licensing index was up 13.1% vs. a barely positive 0.8% for the S&P 500 in the first quarter of 2016. This was the […]

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Samsung is the leading US patent holder, 24,000 ahead of IBM

Of the top eleven active US patent holders, only four are American companies. But who gets the best return on their innovation rights is less clear.  It is no surprise that many foreign companies are significant US patent holders. The leader in active US patents, Samsung, with 63,434, is now more than 24,000 issued invention […]

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The impact of higher patent licensing hurdles may not be fully understood

Most patent holders would agree that licensing patents for revenue has gone from bad to awful — from difficult less than a decade ago, to virtually impossible today.*  Determining if the courts and lawmakers have facilitated improvements or simply over-corrected for weaknesses in the patent system largely depends on whom you ask, and when. While […]

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Jury awards Merck $200M in patent damages, 10% of what it had sought

A California jury has awarded pharmaceutical drug company Merck $200 million, a fraction of what it had sought, for infringement of two of its patents by Gilead Sciences, which based in the San Francisco area. The jury based the $200 million award on a royalty rate of 4 percent on $5 billion in sales, compared […]

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Validated Merck patents could mean a $3B+ windfall, after appeals

While many high-tech patents are suffering from devaluation the value of some pharmaceutical patents is soaring.   Merck & Co. won a legal victory over rival Gilead Sciences Inc. on Tuesday when a California jury upheld the validity of two patents it has been attempting to enforce. Merck believes that its upheld patents should entitle […]

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Survey: Almost half of all 2015 patent suits were filed in E.D. Texas

The Eastern District of Texas (E.D. Tx.) is responsible for almost half of all patent suits filed in 2015, and one judge, Rodney Gilstrap, is handling 80% of the cases, 1,686 of them.  This is part of the findings of the latest “Patent Litigation Year in Review” just out from IP analytics firm Lex Machina. […]

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Patent Quality Commissioner will provide performance update at Corporate IP Counsel Forum

Valencia Martin Wallace, Deputy Commissioner for Patent Quality at the United States Patent and Trademark Office, will deliver the keynote address at the USPTO’s Enhanced Patent Quality Initiative at the 8th annual Corporate IP Counsel Forum in New York, March 23-24. Chief IP and In-House Counsel from a broad cross-section of industries and companies will be […]

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Homeless in Van.jpg Robert Wicks, who is currently homeless and living in his car, sits on his "bed" in the back of his van. July 26, 2012. Rachel Woolf/ For the Daily Camera

Named on 40+ patents chemist sleeps in car on a Brooklyn Street

For more than a year a man slept in his SUV parked on the upscale Park Slope section of Brooklyn. The man, call him Gene, a Ph.D. and organic chemist who did his post-doctoral work at Columbia, is named on 44 patents. How he found himself in this unenviable position is the subject of an […]

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secrets_james pooley

“Secrets” is required reading for informed managers and investors

In an information age that worships data and transparency, the trade or business secret has never been more valuable.   “Secrets” is an essential guide to understanding, using and profiting from trade secrets, or “know-how,” perhaps the most misunderstood of intellectual property rights. What I like best about James Pooley’s new book, subtitled Managing Information Assets […]

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